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Cosmo Thompson started a new business, Thompson Gymnastics, and completed the following transactions during December: (Click the icon to view the transactions.) Analyze the
Cosmo Thompson started a new business, Thompson Gymnastics, and completed the following transactions during December: (Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Thompson Gymnastics. Use the following accounts: Cash, Expense. Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1st. For each transaction that your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, including zer Accounts Receivable; Adv. = Advertising; Com. Common; Contr. Contributed; Div. = Dividends; Exp. Expense; Liab. Liab = =
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